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AI as a catalyst for ESG: Empowering CIOs to drive sustainable innovation

CIO

In today’s fast-evolving business landscape, environmental, social and governance (ESG) criteria have become fundamental to corporate responsibility and long-term success. Technologies such as artificial intelligence (AI), generative AI (genAI) and blockchain are revolutionizing operations.

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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

Despite African governments’ inconsistent stance on cryptocurrencies, these countries house most of the continent’s crypto and blockchain startups. Chief executive officer Ruth Iselema founded the Africa-focused blockchain payments startup in 2019. Adam Umar is the company’s CTO, while Akinbola Asalu is the COO.

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Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

TechCrunch

The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization.

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2025 Middle East tech trends: How CIOs will drive innovation with AI

CIO

AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance. Governments will prioritize investments in technology to enhance public sector services, focusing on improving citizen engagement, e-governance, and digital education.

Trends 158
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Digital securities platform iSTOX closes $50 million Series A to make private equity accessible to more investors

TechCrunch

Two of its new backers are the government-owned Development Bank of Japan and JIC Venture Growth Investments, the venture capital arm of Japan Investment Corporation, a state-backed investment fund. Singapore’s government launches blockchain innovation program with $8.9 million in funding.

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Top tech trends powering the Middle East’s digital evolution by 2025

CIO

AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. Governments will prioritize tech-driven public sector investments, enhancing citizen services and digital education.

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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents. million in 2020.